Question 1

Investor Cash Flow, Created specifically for investors, qualification is based on the income to be generated by the subject property. It’s no longer necessary to have large amounts of cash on hand to build a real estate portfolio."

Accepted Answer

Program Highlights: Purchase or Rate and Term Refinance Max LTV 80% Cash out proceeds can be used for reserves up to LTV 75% No DTI developed No Income or Employment Information Required Interest Only available LLCs, Partnerships and Corporations are eligible vesting types Up to 15 financed properties allowed Vacant Properties: use 100% of market rents

Question 2

Bank Statement Loans, We qualify our borrowers based on analysis of bank deposits rather than traditional income documentation. No tax returns required. Business or personal bank statements are permitted. Choose from several options for calculating qualifying income."

Accepted Answer

Program Highlights: Purchase or Rate and Term Refinance Max LTV 85% Cash out proceeds can be used for reserves up to LTV 80% DTI up to 55% Interest Only available Business and Personal Statements allowed Multiple bank statement qualification options Cash out amount unlimited up to LTV 65%

Question 3

1099 Only Mortgages, We qualify borrowers that receives compensation in the form of commission or independent contractor basis and receive IRS form 1099 at year-end."

Accepted Answer

Program Highlights: Purchase or Rate and Term Refinance Max LTV 90% Cash Out Max LTV 80% DTI up to 55% Interest Only available Three 1099 qualification options Minimum one year self-employment (with prior related experience)

Question 4

Asset Qualifier Mortgages, Eligibility is based on liquid assets in a savings or securities account. No need for tax returns or traditional income documentation. Allows homebuyers to use assets for qualification without tying them up for a home purchase."

Accepted Answer

Program Highlights: Purchase or Rate and Term Refinance Max LTV 90% Cash Out LTV 80% No DTI developed No Income or Employment Information required

Question 5

Full Document NON-QM Loans, A solution for scenarios that don’t quite fit the guidelines for conventional financing. Qualification focuses on the borrower’s ability to repay based on common sense underwriting, and perfect credit is not required."

Accepted Answer

Program Highlights: Purchase or Rate and Term Refinance Max LTV 90% Cash Out Max LTV 80% DTI up to 55% Interest Only available All occupancy types allowed Partnerships and Corporations are eligible vesting types Multiple financed properties allowed One year tax return program

Question 6

Foreign Nationals, Loans, We qualify foreign national borrowers utilizing either liquid assets or rental income on subjectinvestment properties for qualification."

Accepted Answer

Program Highlights: Loan amounts up to $3MM Interest only available with no reduction to LTV Multiple qualification options No US credit score or history required Second homes and investment properties eligible Non-warrantable condos may be considered

Question 7

The NADA Loan, When nothing is all you need."

Accepted Answer

Program Highlights: Meet theNADA
Nothing down with 100% FHA purchase financing.
One submission. One approval. One closing. theNADAHighlights: 580 FICO Min DTI per AUS Loan Amounts per county limits First Time Homebuyer OK Homeowner Education (at least one borrower) required Follow FHA guidelines and DU findings Non Occupying Co-Borrowers Allowed DACA Borrowers eligible

Question 8

Accepted Answer

Enter your answer here

Pamphlets for your knowledge

Pamphlets for your knowledge

New & Innovative Loan Programs

888.207.8994

Contact Us

Terms of Use

Privacy Policy

Fraud Alert

Fair Housing Act

Accessibility Statement

Join Today

Holiday Calendar

Search our site

Action Center

Mortgage Calculators

Buyers Services

License Information

Our Address & Directions

Join Our Email List

Blog

Todays Rates